Fundraise

Spain's Durcal raises €3M to push eldercare teleassistance into Italy

What's the deal? Durcal, a Barcelona-based eldercare technology company, has raised €3 million in an early-stage round. Adrián Cheb Terrab led the deal and joins as a reference investor and chief financial officer, alongside existing backers AtresmediaDealroom has a profile for this one. Try Dealroom → and Prosegur.

What does Durcal do? It runs a digital teleassistance platform built around a smartwatch with fall detection, GPS tracking, and an SOS button linked to a 24/7 emergency response centre, plus a companion app for families. More than 16,000 families use its technology, which handles around 300 emergencies a month.

What's the money for? The company plans to strengthen its team, improve its product, accelerate AI-based proactive teleassistance, and fund international expansion. The round adds to the €8 million Durcal raised in 2022, which was backed by TelefónicaDealroom has a profile for this one. Try Dealroom →, Prosegur, and Atresmedia.

Why now? Italy is Durcal's priority European market, and it is already working there to validate its product after acquiring an Italian technology engineering firm. Its platform can run in multiple languages and integrate with different alarm centres and connectivity providers, letting it adapt per country without rebuilding infrastructure.

What they're saying: "This round means much more than funding; it is the starting point of a new stage for Durcal," said chief executive officer Francesc Lucena. "We have validated our product and our model and now we want to take a step further."

What could go wrong? The round is smaller than Durcal's earlier raise, and its significance will depend on whether the company can turn its AI and expansion plans into adoption beyond Spain.

The signal: European eldercare technology is drawing fresh capital as populations age, with Germany's Patronus raising €11 million and Portugal's Hope CareDealroom has a profile for this one. Try Dealroom → raising €6 million for remote monitoring. Durcal's bet is that a longer-living continent will keep paying for tools that help older people stay independent.

Read more: viaempresa.cat

Image credit: Generated with Gemini

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